Potlatch No 1 Federal Credit Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 74,005,249 | 65,799,077 | 8,206,172 | 20.2 | 32% |
| 2021 | 87,422,599 | 72,399,254 | 15,023,345 | 21.2 | 37% |
| 2022 | 101,119,936 | 88,932,937 | 12,186,999 | 16.2 | 35% |
| 2023 | 137,633,569 | 130,703,773 | 6,929,796 | 11.9 | 25% |
In its most recent public year (2023), this organization brought in $6,929,796 more than it spent. Its reserves stood at about 11.9 months of spending, down from 20.2 in 2020. Staff pay was 25% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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